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Benzinga
Benzinga
Business
Stjepan Kalinic

Northern Star Acquires De Grey For $3.3 Billion, Secures Promising Tier 1 Asset

Northern Star Gold Mining

Leading Australian gold miner Northern Star Resources (OTC:NSTYY) has announced a $3.3 billion acquisition of De Grey Mining (OTC:DGMLF), taking over De Grey's prized Hemi gold project.

"This acquisition reinforces Northern Star's position as the leading ASX-listed gold company and a top-ten global gold producer," stated Stuart Tonkin, CEO of Northern Star.

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